aso118 (OP)
Legendary
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Activity: 1918
Merit: 1012
★Nitrogensports.eu★
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October 16, 2014, 06:53:35 PM |
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CPU mining is neither profitable nor good for CPU. You would rather get your CPU damaged.
Well, I have several old computers that are 'ready for the dumpster' and I don't really care if they experience any kind of damage. And with winter right around the corner, I wouldn't mind a small loss for the extra heat. I just know that cpu mining was the 'new' and 'coolest' thing when Primecoin came out, but now that doesn't even seem profitable. It doesn't seem like there are any 'popular' CPU coins right now. |
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allcoinminer
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October 16, 2014, 07:20:13 PM |
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So no CPU or GPU mining possible profitably.
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Klubknuckle
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October 17, 2014, 02:52:07 AM |
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So no CPU or GPU mining possible profitably.
There are some CPU and GPU which is profitable but your electricity need to be dirt cheap... |
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anderl
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October 17, 2014, 02:55:42 AM |
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So no CPU or GPU mining possible profitably.
There are some CPU and GPU which is profitable but your electricity need to be dirt cheap... ' Dirt cheap as in free. CPU and GPU mining is for the nostalgic or college kids that have the university paying for electricity. The mining industry has matured beyond CPUs and GPU. |
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aso118 (OP)
Legendary
Offline
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
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October 17, 2014, 03:26:07 AM |
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So no CPU or GPU mining possible profitably.
There are some CPU and GPU which is profitable but your electricity need to be dirt cheap... ' Dirt cheap as in free. CPU and GPU mining is for the nostalgic or college kids that have the university paying for electricity. The mining industry has matured beyond CPUs and GPU. I'm afraid you're right - its kind of scary isn't it? Wasn't one of the key concepts of all crytpo-currency that everyone 'owns' it and was able to mine it? That way there are 'millions' of peers rather then a few big 'monopolies' that 'controlling' the currency. Everyday it seems like there are fewer and fewer (bitcoin) miners and most other currencies are following suit... Is a crypto-world safe with only a few dozen 'big' miners? I've been pondering it for quite awhile... |
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Atomicat
Legendary
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Activity: 952
Merit: 1002
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October 17, 2014, 05:29:00 AM |
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So no CPU or GPU mining possible profitably.
There are some CPU and GPU which is profitable but your electricity need to be dirt cheap... Manitoba - 6 cents kh/r. -20C to -40C winters. 3 vid cards & processor equal a nice space-heater. Sure keeps my feet toasty, and oh the clocking you can do at -40. |
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AizenSou
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October 17, 2014, 07:37:33 AM |
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So no CPU or GPU mining possible profitably.
There are some CPU and GPU which is profitable but your electricity need to be dirt cheap... ' Dirt cheap as in free. CPU and GPU mining is for the nostalgic or college kids that have the university paying for electricity. The mining industry has matured beyond CPUs and GPU. Sounds quite harsh, but unfortunately I must admit that you're right. The only coin right now could rescue home/small time miners is BURST using PoC. |
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petersiddle98
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October 17, 2014, 09:54:12 AM |
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Monero is best for CPU right now right?
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AizenSou
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October 17, 2014, 11:22:57 AM |
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Monero is best for CPU right now right?
There was a lot of other coins with more profitability, but the volume is quite low. BSTY, XMG, CoinShield for example. |
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allcoinminer
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October 17, 2014, 01:41:27 PM |
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So no CPU or GPU mining possible profitably.
There are some CPU and GPU which is profitable but your electricity need to be dirt cheap... ' Dirt cheap as in free. CPU and GPU mining is for the nostalgic or college kids that have the university paying for electricity. The mining industry has matured beyond CPUs and GPU. I'm afraid you're right - its kind of scary isn't it? Wasn't one of the key concepts of all crytpo-currency that everyone 'owns' it and was able to mine it? That way there are 'millions' of peers rather then a few big 'monopolies' that 'controlling' the currency. Everyday it seems like there are fewer and fewer (bitcoin) miners and most other currencies are following suit... Is a crypto-world safe with only a few dozen 'big' miners? I've been pondering it for quite awhile... The decentralisation was one of the main objectives of crypto coins. But now its already centralised, in some months it will become a completely centralised one. |
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cassimares
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October 18, 2014, 06:56:34 AM |
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So no CPU or GPU mining possible profitably.
There are some CPU and GPU which is profitable but your electricity need to be dirt cheap... ' Dirt cheap as in free. CPU and GPU mining is for the nostalgic or college kids that have the university paying for electricity. The mining industry has matured beyond CPUs and GPU. I'm afraid you're right - its kind of scary isn't it? Wasn't one of the key concepts of all crytpo-currency that everyone 'owns' it and was able to mine it? That way there are 'millions' of peers rather then a few big 'monopolies' that 'controlling' the currency. Everyday it seems like there are fewer and fewer (bitcoin) miners and most other currencies are following suit... Is a crypto-world safe with only a few dozen 'big' miners? I've been pondering it for quite awhile... The decentralisation was one of the main objectives of crypto coins. But now its already centralised, in some months it will become a completely centralised one. But it will remain decentralize for algo that is anti-asic. Hopefully darkcoin would have asic so quick... |
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MaxDZ8
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October 18, 2014, 07:21:05 AM |
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The main problem is: as long as you mine using mass produced hardware, of course it will not be profitable.
It's just an implication of how the system works, to be profitable you must have more power than the others and this is unlikely to happen as they have access to the very same hardware, with difficulty equalizing everything.
Back to the point.
What is the 'best' coin to mine with CPUs?
I've been looking at XMG a bit... but I'm not at ease with their "fork every other week" approach.
Following.
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AizenSou
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October 18, 2014, 10:52:34 AM |
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So no CPU or GPU mining possible profitably.
There are some CPU and GPU which is profitable but your electricity need to be dirt cheap... ' Dirt cheap as in free. CPU and GPU mining is for the nostalgic or college kids that have the university paying for electricity. The mining industry has matured beyond CPUs and GPU. I'm afraid you're right - its kind of scary isn't it? Wasn't one of the key concepts of all crytpo-currency that everyone 'owns' it and was able to mine it? That way there are 'millions' of peers rather then a few big 'monopolies' that 'controlling' the currency. Everyday it seems like there are fewer and fewer (bitcoin) miners and most other currencies are following suit... Is a crypto-world safe with only a few dozen 'big' miners? I've been pondering it for quite awhile... The decentralisation was one of the main objectives of crypto coins. But now its already centralised, in some months it will become a completely centralised one. But it will remain decentralize for algo that is anti-asic. Hopefully darkcoin would have asic so quick... X11 doesn't have ASIC soon but FPGA already raped X11 to the finest. |
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wunkbone
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October 18, 2014, 12:40:43 PM |
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Monero.....
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zarton
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October 18, 2014, 12:52:30 PM |
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XMG the coin of magi is good for CPU miners, since there is no gpu miners for the algorithm M7M.
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AizenSou
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October 18, 2014, 02:13:40 PM |
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XMG the coin of magi is good for CPU miners, since there is no gpu miners for the algorithm M7M.
Sorry but you're entirely wrong  |
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allcoinminer
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October 18, 2014, 02:22:33 PM |
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So no CPU or GPU mining possible profitably.
There are some CPU and GPU which is profitable but your electricity need to be dirt cheap... ' Dirt cheap as in free. CPU and GPU mining is for the nostalgic or college kids that have the university paying for electricity. The mining industry has matured beyond CPUs and GPU. I'm afraid you're right - its kind of scary isn't it? Wasn't one of the key concepts of all crytpo-currency that everyone 'owns' it and was able to mine it? That way there are 'millions' of peers rather then a few big 'monopolies' that 'controlling' the currency. Everyday it seems like there are fewer and fewer (bitcoin) miners and most other currencies are following suit... Is a crypto-world safe with only a few dozen 'big' miners? I've been pondering it for quite awhile... The decentralisation was one of the main objectives of crypto coins. But now its already centralised, in some months it will become a completely centralised one. But it will remain decentralize for algo that is anti-asic. Hopefully darkcoin would have asic so quick... X11 doesn't have ASIC soon but FPGA already raped X11 to the finest. Can you link me to those FPGA thread handling X11? |
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allcoinminer
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October 18, 2014, 02:23:09 PM |
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Monero.....
Whats special with in for GPU mining? |
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unsoindovo
Legendary
Offline
Activity: 1932
Merit: 1042
https://locktrip.com/?refId=40964
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October 18, 2014, 04:57:17 PM
Last edit: October 18, 2014, 06:53:23 PM by unsoindovo |
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I think it's useless to use the CPU to mine, I fear we are rapidly damaged the CPU, is it better to buy a tool, or use the VPS for cloudmining
ahahaha !! this is good!!! damage cpu used for mining?  maybe GPU VRAM damaged if use it for mining and you use it at 80°C!!!! but not CPU!!! |
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jawitech
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October 20, 2014, 04:01:40 PM |
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Currently the best CPU mining coin might be XMG / Magi |
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